Taxes as a % of price: total tax in Trinidad and Tobago
Trinidad and Tobago: Taxes as a % of price: total tax was 27.6% in 2022. ▼ Falling
Latest (2022)
27.6%
Change on year
up 7.2%
World rank
161st
of 189 countries
All-time high
36.7%
in 2008
All-time low
25.7%
in 2018
Years of data
8
2008–2022
Taxes as a % of price: total tax in Trinidad and Tobago, 2008–2022
Source: World Health Organization, Global Health Observatory.
Analysis
In 2022, taxes as a % of price: total tax in Trinidad and Tobago stood at 27.6%.
The figure is up 7.2% on the previous year and down 15.4% over ten years.
Over the whole period, taxes as a % of price: total tax in Trinidad and Tobago peaked at 36.7% in 2008 and was at its lowest, 25.7%, in 2018.
That places Trinidad and Tobago 161st out of 189 countries with data for 2022, putting it in the bottom quarter.
Taxes as a % of price: total tax in Trinidad and Tobago, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 36.7% | — |
| 2010 | 33.7% | -8.1% |
| 2012 | 32.6% | -3.4% |
| 2014 | 29.6% | -9.1% |
| 2016 | 25.8% | -13.0% |
| 2018 | 25.7% | -0.2% |
| 2020 | 25.7% | +0.0% |
| 2022 | 27.6% | +7.2% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 27.6% is below the median for high income countries, which is 73.8%, 37% of the median. (61 countries reporting)
- Trinidad and Tobago's 27.6% is below the median for Latin America & Caribbean, which is 44.7%, 62% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 36.7% | 36.7% | 36.7% | 1 |
| 2010s | 29.5% | 25.7% | 33.7% | 5 |
| 2020s | 26.6% | 25.7% | 27.6% | 2 |
Countries ranked near Trinidad and Tobago
More health data for Trinidad and Tobago
- Un projection of annual infant deaths, annual growth rate 0 % change on previous year (2100)
- Heat deaths vs projected death rates, annual growth rate -0.1463 % change on previous year (2090)
- Estimated changes in temperature-related death rates compared to projected death rates 1,638 deaths per 1,000 people (2090)
- Number of infants who die before age 1 24 deaths (2100)
- Neonatal tetanus - number of reported cases, gaps filled 0 (2025)
- Population ages 00-04, female, annual growth rate -2.35 % change on previous year (2025)
- Population ages 00-04, female, per unit of GDP 0 units per US$ of GDP (2025)
- Population ages 00-04, female, per capita 0.0263 units per person (2025)
- Population ages 00-04, male, annual growth rate -2.36 % change on previous year (2025)
- Population ages 00-04, male, per unit of GDP 0 units per US$ of GDP (2025)
Frequently asked questions
- What is taxes as a % of price: total tax in Trinidad and Tobago?
- Taxes as a % of price: total tax in Trinidad and Tobago was 27.6% in 2022, according to World Health Organization, Global Health Observatory.
- What is the highest taxes as a % of price: total tax recorded in Trinidad and Tobago?
- The highest recorded value was 36.7% in 2008.
- What is the lowest taxes as a % of price: total tax recorded in Trinidad and Tobago?
- The lowest recorded value was 25.7% in 2018.
- How does Trinidad and Tobago rank for taxes as a % of price: total tax?
- Trinidad and Tobago ranks 161st out of 189 countries with data for 2022.
- Is taxes as a % of price: total tax rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 15.4%. The long-run trend across the full record is falling.
- Where does this Trinidad and Tobago data come from?
- The figures come from World Health Organization, Global Health Observatory, published as part of Taxes as a % of price: total tax. Statizoid updates them automatically from the source API.
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